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Content: Expert: Hippo Trader Pro_3.1_fix.ex4 (Unlocked-Unlimited), NO MANUAL.
Hippo Trader Pro: Forex Trading Robot
Hippo Trader Pro is an advanced forex trading robot designed for trend-following strategies. It primarily trades during the Asian and European sessions, offering an efficient and effective approach for traders.
The EA has undergone stress tests over a 17-year period and consistently delivers a solid profit-to-drawdown ratio, making it a reliable choice for long-term trading.
Key Features:
Works on EURUSD M1: The robot is optimized for trading the EURUSD pair on a 1-minute timeframe.
Fifo Compliance: The EA is FIFO-compliant, which means it follows the First In, First Out method for order management (with the appropriate settings).
Trend Analysis: It analyzes the market without relying on outdated indicators and patterns. The system identifies the main trend by using volatility (ATR Filter) and Trend Patterns to predict future market movement.
High Accuracy: The backtest results show excellent payout rates and strong resilience against unexpected market fluctuations.
Relative Vigor Index (RVI): This indicator is used to identify the market trend and ensure accurate trade entries.
Backtest Recommendation:
Best to run backtests from 2003 to today to fully assess the performance of the EA.
If you’re unable to run a backtest yourself, we’ve provided a helpful video below.
Risk Management:
The default global stop loss is set at $1000 (or your base currency) for every 0.01 lot size. This adjusts automatically based on the risk.
Recommendations
| Symbol | EURUSD |
| Timeframe | M1 |
| Test From | 2003 |
| Settings | Default or set files |
| Brokers | Any |
| Minimum Deposit | 1000 usd, recommended 3k |
| Market Entry method | Market Order |
| Tester Method | tick by tick |
| Fifo Compliance | Yes with set file |
Settings Overview for Hippo Trader Pro V3.1
Lot: Set the lot size when auto-lot is disabled.
Autolot: Turn auto-lot on or off.
Sqrt Lot: Enable conservative auto-lot (based on square root).
Risk: Define risk for auto-lot calculation (not a percentage of capital).
Magic Number: Unique ID for identifying EA orders.
Spread Allowed: Set the max spread allowed before no trade will be opened.
Relative Vigor Index (RVI):
Periods: RVI oscillator periods.
Timeframe: Timeframe for RVI.
ATR Indicator:
Fast ATR Periods: ATR periods for the fast calculation.
Slow ATR Periods: ATR periods for the slow calculation.
Super Slow ATR Periods: ATR periods for super slow calculation.
ATR Timeframe: Timeframe for ATR.
Fixed Trading Hours: Set specific trading hours if different from the recommended ones.
Start Hour/Minute: Set your desired start time.
Stop Hour/Minute: Set your desired stop time.
Close Friday Night: Close trades when Friday ends.
Close Friday Hour: Set the hour to close trades on Friday.
Enable Trading on Specific Days: Choose whether to trade on specific days like Monday.
Enable Buy/Sell: Enable or disable buy and sell trades.
Allow Buy and Sell at Same Time: Allow simultaneous buy and sell trades if enabled.
Fifo Closing: Use FIFO (First In, First Out) order closing.
Max Orders: Limit the maximum number of open orders.
Coeff Sum: Adjust the position increase coefficient.
Minimum Distance: Set the minimum distance for secondary positions.
One Trade Bar Grid: Limit the robot to one trade per bar for grid orders.
Timeframe for Secondary Orders: Set the timeframe for secondary trades.
Take Profit: Set the take profit for orders.
Modify Take Profit for First Order: Use a different take profit for the first order.
Take Profit for First Order: Set take profit specifically for the first order.
Close Only End of Bar: Close trades only at the end of the M1 bar.
Enable Money Max Loss: Enable a limit on the maximum loss in money.
Every Microlot: Multiply the “money max loss” by 100 x lot size.
Stop Trading When Hit: Stop trading when the maximum loss is hit.
Maximum Monetary Loss: Set the maximum monetary loss.
Trade Comment: Add comments to your trades.
Enable Orders Counter: Display order counter in the comment.
Change Chart Color: Adjust the chart color.
Show Panel: Display the control panel.
Show Close Buttons: Show buttons to close trades.
Show Error: Display error messages.
